Green light for 1st phase of 4000 homes in Rugby Jan 11, 2023 The first phase of a major development for a 4,000-home development has been approved as part of the South West Rugby Sustainable Urban Development Extension. This stage will provide up to 210 homes, a new primary school, and create more than 350 jobs in Rugby has been given final outline planning approval. Leading strategic land […] Posted by: Nathan Spencer Read more
Goldman Sachs unseats JPMorgan as top dealmaker in UK Jan 11, 2023 Goldman Sachs has usurped JPMorgan on the UK dealmaking fee ladder as revenue plummets by 42% in Europe’s largest investment banking arena. Goldman was bumped into poll position by its status as top M&A advisor – and thanks to the falling number of companies that raise capital on UK stock exchanges. The two banks have […] Posted by: Nathan Spencer Read more
Manchester’s Corn Exchange sold by Aviva Jan 11, 2023 Aviva Investors has sold the building which was put up for sale at around £43m in May 2022. The identity of the buyer and the deal value is unknown. The deal was done by JLL and KLM Real Estate who had been jointly marketing the property. The Corn Exchange was built in 1837 and stands […] Posted by: Nathan Spencer Read more
Service complex on edge of Teesworks site unveiled Jan 11, 2023 A 160-bed hotel, two parades of shops and a petrol station will all be part of a new services zone near the Trunk Road, at Lackenby. It will also feature a convenience store of around 4,500sq ft, a family pub/eatery, and two other freestanding restaurant units. Outline plans will be submitted to Redcar and Cleveland […] Posted by: Nathan Spencer Read more
UK Business Council for Sustainable Development – latest name to sign up for UKREiiF Jan 4, 2023 The Beyond Net Zero Pavilion is back, bigger and with a packed showcase programme featuring some of the leading thinkers and companies from across the development sector. The UK Business Council for Sustainable Development (UKBCSD), in partnership with the City of Bradford Metropolitan District Council, have announced their involvement in this year’s event. Following a […] Posted by: Nathan Spencer Read more
Nearly £50m in funding agreed for 693-bed student scheme in Nottingham Jan 4, 2023 The developer Conygar has entered into a new facilities agreement with Barclays Bank PLC (“Barclays”) comprising a development facility and an investment facility (together the “Facilities”) up to £47.5 million in aggregate. The Facilities will enable the completion of the construction, targeted by the summer of 2024, and subsequent letting of the 693-bed student accommodation development at The […] Posted by: Nathan Spencer Read more
Solar firm acquires £56m portfolio Jan 4, 2023 Bluefield Solar Income Fund has acquired a 46.4 megawatt peak (MWp) capacity portfolio of solar farms from Fengate Asset Management for £56 million. Bluefield is an income fund which is focused on the acquisition and management of UK renewable energy and storage assets. The portfolio is comprised of a 39.3 MWp plant in Scunthorpe (Raventhorpe) […] Posted by: Nathan Spencer Read more
Legal & General Capital commits £5bn of alternative asset investments globally, delivering new homes, offices, clean energy infrastructure and urban regeneration schemes Jan 4, 2023 Legal & General Capital announces that it committed around £5bn towards levelling up the UK’s towns and cities across 2022, driving regional economic growth, tackling the housing crisis, and supporting the climate transition, whilst expanding its footprint into the US for the first time. Despite globally economic uncertainty, Legal & General Capital has significantly increased […] Posted by: Nathan Spencer Read more
Impact Healthcare REIT teams with Virgin Money to revolving credit facility Jan 4, 2023 The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has successfully agreed an increase in the size, an extension to the term and a reduction […] Posted by: Nathan Spencer Read more
ADG submits plans for Peterlee retail centre Jan 4, 2023 Yorkshire-based Almscliffe-Dhesi Group (ADG) has submitted plans to Durham County Council for a new centre on the former Vauxhall Car dealership site off Passfield Way, in a move it says would create up to 100 full and part-time jobs. High-profile tenants already signed up for the 13,027sqft sq ft development include national retailers Sainsbury’s, Tanning […] Posted by: Nathan Spencer Read more
